1/1

$7,500,000

Sold
Closed
Commercial Land
0.152 Acres
Updated 6 days ago

1/1

Property Description

An exceptional, fully entitled office development opportunity located in the thriving South Florida market. Property Type: This property is envisioned as a 5-story office building encompassing approximately 27,556 square feet. The design encompasses five floors in total, featuring a ground floor dedicated to commercial space, an impressive rooftop area, and four full office floors in the heart of Coconut Grove. Location: The property's location is truly exceptional, situated in the coveted Coconut Grove Oak Avenue corridor. "Shovel ready": The property offering comes complete with approved plans for the office space and its accompanying amenities.

Full Property Details

Full Property Details for 2940 Oak Ave

General

Sold For: $7,500,000
Taxes: $29,564 (2024)
Status: Closed
Type: Commercial Land
Source: Greater_Miami
MLS ID: A11769509
Added to Site: 564 day(s) ago

Location

Area: W A Rices Sub
County: Miami-Dade County
Subdivision: W A RICES SUB
Building Name: W A RICES SUB

Community

Community Name: W A Rices Sub

Utilities

Sewer: Public Sanitation
Water: Municipal Water
Utility Description: Cable Connected, Electricity Connected, Natural Gas Connected, Irrigation Water, Sewer Connected, Water Connected, Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available

Structural Information

Detached/Attached: Detached
Current Bldg. Use: Unimproved Business/Commercial

Lot Features

Lot Size (Acres): 0.152
Lot Size (Sq. Ft.): 6,618
Lot Dimensions: 52 x 128
Frontage Feet: 52
Lot Features: City Location, Less Than 1 Acre
Potential Use: Investment, Other Plan Use, Professional
Trees/Vegetation: No Trees, Other Trees
Zoning: 6101

Financial Considerations

Tax Amount: $29,564
Tax Year: 2024
Terms: All Cash

Disclosures and Reports

Legal Description: W A RICES SUB PB 1-13 LOT 40 BLK 3 LESS N5FT FOR R/W AND PROP INT IN & TO COMMON ELEMENTS NOT DEDICATED TO PUBLIC LOT SIZE 6400 SQ FT M/L
Property ID: 01-41-21-034-0310

Listed and Sold by RE/MAX 360 Real Estate

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— 2940 Oak Ave —

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Schools

Schools serving 2940 Oak Ave

School District:Dade County School District

Name	Grades	Distance
Coconut Grove Elementary School 3351 Matilda St, Miami, FL 33133	PK-5	0.1 mi
Ponce De Leon Middle School 5801 Augusto Street, Coral Gables, FL 33146	6-8	2.1 mi
Coral Gables Senior High School 450 Bird Road, Coral Gables, FL 33146	9-12	1.4 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2940 Oak Ave

Date

Details

Price

Change

Source

10/01/2026

Sold

$7,500,000

-6.25%

MLS

1/23/2026

Price Increased

$8,000,000

0.06%

MLS

3/24/2025

Listed

$7,995,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Updated 6 days ago

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Beds
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Total Baths
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Bed
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1
Bed
2
Total Baths
1,002
Sq. Ft.

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2
Beds
3
Total Baths
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Sq. Ft.

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Price Reduced

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$25,999,000

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Updated 6 days ago

6
Beds
5
Total Baths
6,170
Sq. Ft.

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Price Reduced

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Condo
Active
Updated 1 day ago

3
Beds
3
Total Baths
2,522
Sq. Ft.

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Price Reduced

-$1,350,000 (-24.11%)

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Condo
Active
Updated 2 days ago

3
Beds
4
Total Baths
2,058
Sq. Ft.

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$6,790,000

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Condo
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3
Beds
4
Total Baths
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Sq. Ft.

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$8,100,000

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7
Beds
7
Total Baths
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Single Family
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4
Beds
4
Total Baths
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Sq. Ft.

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Sold

$7,250,000

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Single Family
Closed

4
Beds
5
Total Baths
3,243
Sq. Ft.

Sold by Juliana Savoia

2940 Oak Ave, Miami, FL 33133 (MLS# A11769509) is a Commercial Land property that was sold at $7,500,000 on October 01, 2026. Want to learn more about 2940 Oak Ave? Do you have questions about finding other Commercial Land real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

2940 Oak Ave Miami, FL 33133